Examlex
A pairwise comparison matrix summarizes the pairwise comparisons for a criterion.
Casting Department
A specific section within a manufacturing facility where the process of casting—shaping material by pouring it into a mold and allowing it to solidify—is performed.
Machine-Hour
A unit of measure for the operational time of machinery, critical for calculating production costs and efficiency in a manufacturing context. This is essential in allocating costs based on the usage duration of machinery.
Predetermined Overhead Rate
A rate calculated before the period begins, used to allocate overhead costs to products or services based on a certain activity base.
Labor-Hours
Labor-Hours measure the total hours worked by employees, typically within a specified period for payroll or productivity analysis.
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